Premier Community Credit Union

Premier Community Credit Union Locations
3315 W. Benjamin Holt Drive
Stockton, CA 95219
209.235.1100
www.premierccu.org

NCUA

Premier Community Credit Union is headquartered in Stockton and is the 136th largest credit union in the state of California. It is also the 1,275th largest credit union in the nation. It was established in 1931 and as of December of 2012, it had grown to 32 employees and 11,182 members. Premier Community Credit Union has a 4-star health rating.

Premier Community Credit Union Routing Number: 321177887

Related Posts

Top CD and IRA CD Rates at Premier Community Credit Union in California - Local Only - 4/12/2011

Premier Community Credit Union is offering an IRA CD promotion with two very competitive CD rates: 2.00% APY 2-years and 3.00% APY 3-years. These rates are listed in the credit union's promotions page ...

Top Long-Term CD Rates at Premier Community Credit Union in Northern CA - Local Only - 12/28/2010

Premier Community Credit Union continues to offer a 3.00% APY 5-year CD and IRA CD. The 3-year CD rate is also competitive at 2.00% APY. Minimum deposit is $500 for IRAs and $1,000 for regular CDs. Th ...

Top 5-Year CD and IRA CD at Premier Community CU in Northern CA - 9/17/2010

Premier Community Credit Union continues to offer a 3.00% APY 5-year CD and IRA CD. Minimum deposit is $500 for IRAs and $1,000 for regular CDs. This rate is listed in the credit union's rates sheet a ...

Competitive Long-Term CDs with Some Flexible Features at Premier Community CU in Northern CA - Local Only - 7/28/2010

Premier Community Credit Union is offering some competitive long-term CD and IRA CD rates. Its plain 5-year CD has a rate of 3.00% APY. Minimum deposit is $500 for IRAs and $1,000 for regular CDs. The ...


Data for Q4 2012


Institution Statistics


PREMIER COMMUNITY
NCUA #64515
BankRate ReportView
Year Chartered1931
Employees32
Primary Regulator

Assets and Liabilities

Assets$123.74 million
Loans$51.18 million
Deposits$110.98 million
Equity Capital$11.84 million
Loan Loss Allowance$2.19 million
Unbacked Noncurrent Loans$609,000
Real Estate Owned$719,000

Historic Data - December 2011

Assets$117.81 million
Equity Capital$11.44 million
Loan Loss Allowance$2.36 million
Unbacked Noncurrent Loans$780,000
Real Estate Owned$737,000

Profit Margin - Quarterly

Net Interest Margin5.4%
Return on Assets0.42%
Return on Equity4.37%
Interest Income$3.71 million
Non-Interest Income$2.01 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio4
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 Premier Community Credit Union had $1.33 million in non-current loans and owned real-estate with $14.03 million in equity and loan loss allowances on hand to cover it. This gives Premier Community Credit Union a Texas Ratio of 9.47% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for Premier Community Credit Union held steady from 10.99% as of December 31, 2011 to 9.47% as of December 31, 2012, resulting in a positive change of 13.89%.This indicates that the balance sheet and financial strength for Premier Community Credit Union has held steady in recent periods.
Deposit Growth5
In the past year, Premier Community Credit Union has increased its total deposits by $5.87 million, resulting in 5.58% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Premier Community Credit Union has shown is excellent.
Capitalization4
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Premier Community Credit Union has $123.74 million in assets with $14.03 million in equity, resulting in a capitalization level of 11.34%, which is above average.
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